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  • #5,421
  • Aug 6, 2013 8:50am Aug 6, 2013 8:50am
Quoting Balhana
Bought GN {image}
Hmmm, should've taken partial profits at 4H supply??
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  • #5,422
  • Aug 6, 2013 9:36am Aug 6, 2013 9:36am
Quoting Balhana
{quote} Hmmm, should've taken partial profits at 4H supply?? {image}
Closed 2/3 for +80 pips just for peace of mind.
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  • #5,423
  • Aug 6, 2013 9:45am Aug 6, 2013 9:45am
Quoting Balhana
{quote} Closed 2/3 for +80 pips just for peace of mind. {image}
The remainder got stopped out @ BE. Not good today.
  • #5,424
  • Aug 6, 2013 12:13pm Aug 6, 2013 12:13pm
Sold EA and closed 1/2 for +38 pips.
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  • #5,425
  • Aug 6, 2013 12:29pm Aug 6, 2013 12:29pm
Quoting Balhana
Sold EA and closed 1/2 for +38 pips. {image} {image}
Closed the remainder for +30 pips. (+68 pips in total). Calling it a day. Probably no trading for me for about one week.
  • #5,426
  • Aug 7, 2013 7:38am Aug 7, 2013 7:38am
waiting for UJ to get to S/R-flip for a buy (QM)
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Pipcrawler
  • #5,427
  • Aug 7, 2013 7:47am Aug 7, 2013 7:47am
Quoting xmzhang
waiting for UJ to get to S/R-flip for a buy (QM) {image}
Hey buddy, Becareful of taking long in UJ. downtrend very obvious, and we have yet to see a good engulf of supply zones. Very risky to go long now imho.


Trade safe.
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #5,428
  • Aug 7, 2013 7:57am Aug 7, 2013 7:57am
Quoting xmzhang
waiting for UJ to get to S/R-flip for a buy (QM) {image}
No trade, price dropped right through S/R-flip
Pipcrawler
  • #5,429
  • Aug 7, 2013 7:59am Aug 7, 2013 7:59am
Quoting keroro0o0o
{quote} Hey buddy, Becareful of taking long in UJ. downtrend very obvious, and we have yet to see a good engulf of supply zones. Very risky to go long now imho. Trade safe.
Yep, thanks, my intention was just to scalp a few on the LTF
Pipcrawler
  • #5,430
  • Aug 7, 2013 1:43pm Aug 7, 2013 1:43pm
Quoting Quezoy
Dipping my toes into SD trading (again). USDCHF: first I went long after ret to demand and reaction there. Took a small loss. Then went short right away, since the demand got engulfed, aiming for the lower demand and daily LCS. EU: Pin from supply, small demand below. Got short after the reaction from this demand, asuming it was consumed. TP hit above next demand. {image} {image}
I don't like the UCHF, don't see a reason to expect the demand to hold, but nice work on the short.

EU was a nice easy trade too.

Nice win on EA, though can't see a reason for the entry there and probably not my style to do what you did there.
  • #5,431
  • Aug 7, 2013 1:48pm Aug 7, 2013 1:48pm
Quoting xmzhang
waiting for UJ to get to S/R-flip for a buy (QM) {image}
I think the FTB long was by far the better time to be looking for an long off that area. Although not a technical QM pattern wise...PA wise the same thing that you want to see occurring in a QM happened there.

Targets would have been the next M5 supply and then the supply marked above there which was H1 supply and an area to start looking for a short in line with the Daily/HF short bias that has been clear for the last few days.
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  • #5,432
  • Aug 7, 2013 5:48pm Aug 7, 2013 5:48pm
Nice thread u guys have here , not sure how missed it till now...
  • #5,433
  • Aug 8, 2013 7:45am Aug 8, 2013 7:45am
Sold EJ, nice bulltrap towards engulfed demand and CP
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Pipcrawler
  • #5,434
  • Aug 8, 2013 7:56am Aug 8, 2013 7:56am
Was also very keen on a NU FTB setup, really guthered missed that one cose it triggered during the Asian session.
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Pipcrawler
  • #5,435
  • Aug 8, 2013 8:13am Aug 8, 2013 8:13am
Quoting xmzhang
Was also very keen on a NU FTB setup, really guthered missed that one cose it triggered during the Asian session. {image} {image}
It was indeed a good one, which was similar to AUDUSD, and I was there to take it.

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Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #5,436
  • Aug 8, 2013 8:32am Aug 8, 2013 8:32am
Quoting xmzhang
Sold EJ, nice bulltrap towards engulfed demand and CP {image}
Fek, the bastard doesn't want to drop any further, closed my remaining position for a decent profit
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Pipcrawler
  • #5,437
  • Aug 8, 2013 8:37am Aug 8, 2013 8:37am
Currently watch'n Ozzie for a sell PA on the LTF's
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Pipcrawler
  • #5,438
  • Aug 8, 2013 8:53am Aug 8, 2013 8:53am
also nice setup on UJ similar to my EJ setup
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Pipcrawler
  • #5,439
  • Aug 9, 2013 8:16am Aug 9, 2013 8:16am
There are days when DAX is an absolute dream to watch.

Clearly took profits too early on that final BO.
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  • #5,440
  • Aug 9, 2013 9:25pm Aug 9, 2013 9:25pm
Hi Mark,

I found the following FTB setups, could you share your view on whether they are valid/good setups?

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Also, a question just popped into my mind. When considering say a FTB short setup, would you be concerned if price is coming from a HTF demand zone? Or it doesn't matter as long as the RR of the trade is still good? A good example would be AUDCHF above which is actually coming from daily demand.

Appreciate your input, thanks!
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